CVS Plays Hardball With Rival Drug Chains

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CVS is offering a prescription-drug plan that charges patients more if they buy their medications at pharmacies that sell tobacco products, a plan that could benefit the company’s own network of drugstores.

China's Auto Sales Gains Slow

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China’s government-backed auto industry association is reappraising its outlook for 8% unit group this year and will likely lower its projection for auto sales this year for a second time.

AbbVie, Shire Terminate Deal

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AbbVie and Shire terminated their $54 billion deal, killing the year’s biggest agreed-upon merger amid a U.S. government push against so-called inversion deals.

IBM Faces Another Overhaul

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IBM, two decades after successfully shifting its emphasis to software and computer services from hardware, is showing signs of needing another overhaul.

Dish Network Dumps CNN

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Satellite TV provider Dish Network Corp. is no longer carrying several channels owned by Turner Broadcasting, including CNN and Cartoon Network, after the companies failed to agree on a new distribution deal.

How Big Data Is Tracking City Life

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Researchers are bringing big data into the public sphere, aiming to improve quality of life, save money, and understand cities in ways that weren’t possible only a few years ago.

IPhone 6 Recharges Apple's Growth

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Apple said its quarterly profit rose 13%, and it predicted record holiday sales, as strong demand for its new larger-screen iPhones helped to overcome sluggish iPad sales.

Royal Dutch Shell Sells More Nigerian Assets

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Shell has now made sale and purchase agreements for four Nigerian oil blocks as violence and rampant oil theft in the Niger Delta have recently led foreign oil giants to sell their blocks to smaller, mostly local players.

Fashion Designer Oscar de la Renta Dies at 82

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Oscar de la Renta, a renowned American fashion designer famed for his glamorous red-carpet gowns and smart suits for ladies who lunch, died Monday at the age of 82.

Staples Warns of Possible Data Breach

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Staples may be the latest retailer to be hacked, as the office-supply chain said it is investigating a possible card data breach.

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